HSBC MF has launched HSBC Global Equity Climate Change Fund of Fund, an open ended scheme investing in HSBC global investment funds – Global Equity Climate Change.
The underlying fund follows environmental, social, and corporate governance (ESG) framework to pick securities.
In a press release, Ravi Menon, CEO, HSBC India, MF said, “Climate change is creating new market and investment opportunities across all industries and market capitalisation. Investors are increasingly focused on environmental matters and this fund is designed to help them achieve a financial return, whilst creating a positive impact on the global environment. The FoF demonstrates our commitment to address global issues whilst offering our investors an opportunity to gain from the same."
